Reborn as the richest man in India

Regarding the liberalization of palm oil imports, Qiaogo can only wait now. They have done everything they can.

No one can say when the government will start implementing the palm oil import policy.

Of course, there is definitely good news, that is, the liberalization of palm oil imports is certain.

News of this matter has been released.

The Sitharaman family naturally knew about it.

Jogo feels that the profit transfer to the Sitharaman family is likely to be related to the palm oil import policy.

They are now preparing for the liberalization of palm oil policies.

Jogo can understand the thinking of the Sitharaman family. They definitely want to capture a large share of palm oil. Their goal is the entire edible oil market.

This is the same idea as Qiaogo, who does not want to be limited to the palm oil market.

After the Sitharaman family reconciled with them, it not only reduced its own losses, but also increased its overall strength, making it more confident about the new palm oil market.

As for the source of palm oil, Qiaogo is not worried about it for the time being. He has his own planting base here and will definitely have an advantage in terms of cost.

Now I am afraid that as time goes by and their funds are reduced, it will not be so easy for me to compete for their market.

But just when Jogo was a little worried, Hebicha brought him good news.

"Did they offer the highest price?" Qiaogo asked.

He did not expect that the main members of the rebel edible oil alliance would join forces to win the petrochemical projects of the three Dutta families.

"Yes, they are prepared to spend 28 billion." Hebicha said, "It really feels like they have a lot of money. I can't feel the powerlessness they felt when they faced the attack of the Sitharaman family not long ago."

"Without the opponent, the pressure is naturally gone. It is normal for them to become richer. They must have taken a loan, otherwise they should not be able to raise so much money." Qiao Ge asked.

"Yes, according to the information I got, they have loaned at least 15 billion." Hebicha said, "Since they have now joined the Sitharaman family's edible oil company, they said they don't have to worry about that kind of loss, so they started to consider investing. Other industries. And as long as a petrochemical project is won, subsequent investments may require loans."

"Can you borrow so much?" Qiao Ge said a little surprised.

"Reliance Group is helping them communicate with banks and some lending institutions, and I believe that the loan will probably be granted," Hebicha said.

Qiao Ge sneered in his heart.

If there is no sudden change in the international and domestic environment, they will really be able to get loans in the future.

But Qiao Ge knew what the situation would be like next. The situation was terrible.

This kind of high debt is very fatal.

The relationship between Qiao Ge and them before was not too close, that is, they were just acquaintances. After all, they were the enemies of their enemies.

For example, during the last auction of state-owned grain companies, I had some cooperation with them.

But now, their identities have changed and they have become their own enemies.

Then there is nothing more to say.

Since they wanted the petrochemical project, Qiaogo felt that they should win it.

After consuming their funds, they will not have much ammunition when they target the grain and oil market in the future.

Otherwise, even if they can generate 28 billion in funds now, the losses on their side will be huge.

"I hope you can sell it to them," said Jogo.

"Actually, that's what I think too. Not to mention that their price is the highest, which is beneficial to our grain and oil market layout." Hebicha said.

"Yes, consume as much of their funds as possible. When we launch an offensive on the grain and oil market, all their funds will be trapped." Qiao Ge said with a smile.

"I understand, even if we give a little profit here, we will transfer the project as soon as possible." Hebicha said with a smile.

30 billion was their quotation, and the final transaction would definitely not be that much.

Of course, the other party's offer was 28 billion, which Hebcha and the others couldn't accept, and they had to continue talking.

Qiao Ge felt more at ease and was not afraid of their investment. The bigger the investment, the better.

If you don't invest and hold the funds in your hands, this is Qiaogo's biggest headache.

The three major Dutta families acted quickly. Five days later, they reached an agreement with the other party and finally transferred the petrochemical project for 28.5 billion.

This price is acceptable to both parties.

Although the three major Dutta families spent 22.8 billion when bidding for the license, they were the most expensive among the three.

But this price is also acceptable for other people who want to take pictures but can't, because they are scarce.

The other two companies, Reliance Group and Vasayan family, have no intention of selling the project at all, and they have no way to intervene if they want to.

Although there are rumors from the Vasayan family that they are preparing to transfer some of their shares, their target is limited to the in-laws with whom they are married.

Several of them clearly do not meet the conditions.

In addition, the three major families also did a lot of work in the early stage of the project, so that they who took over could save a lot of trouble.

As for the dispute over the factory land, it is nothing at all.

If they dare to take over this project, this problem can of course be solved.

So that’s the deal.

For the Dutta family, the direct capital cost they paid was 27.8 billion, including interest, plus the energy spent these days, etc., they actually lost some money.

But now the price can only be said to be a small loss, and they can breathe a sigh of relief.

There were also many people who wanted to acquire the square project, but unlike the petrochemical project, the square project was eventually split up and sold.

After all, the land under the name of the square project is distributed across the country, so there are several forces involved in the purchase.

In the square project, the three major families invested about 4 billion in the initial stage, and the funds recovered from this sale are about 4.4 billion.

This price can only be said to be a breakeven.

In other words, the three major families have worked hard in the past few days and launched two huge projects, but they are still suffering a little loss.

This is definitely not Hebicha's problem. They have just taken over, and it is already very clever to be able to sell these two projects without causing huge losses.

I can only say that the three people in charge were really incompetent, and a good project was messed up like this.

With the withdrawal of nearly 40 billion in funds, the three major families suddenly felt confident.

Since some loans have recently matured and need to be repaid, which is about 10 billion, they still have 30 billion left in the end.

He has nearly 30 billion in funds in his hands.

This is an extremely large amount of money.

When Qiao Ge found out, he was extremely pleasantly surprised.

You must know that before, he really had no hope for Hebicha and the others.

They must support their entry into the grain and oil industry, and Qiao Ge also knows that they will definitely invest all their wealth.

But their funds are really limited.

Unexpectedly, Hebicha and the others turned over and became the current heads of the family.

30 billion funds can be used. On this point, the patriarchs of the three major families have already made it clear.

Authorize them to invest in projects with Qiao Ge.

Again, the investment in the Gupta project and the Malay palm oil industry made the patriarchs of the three major families regret it.

They chose the wrong person in charge at that time. If Hebicha and the others were put in charge from the beginning, I don't know how much the assets of the three major families could increase.

Take the Gupta project as an example. They invested 2.1 billion in shares and only got 7% ​​of the shares.

You must know that Qiao Ge and the others only invested 3 billion in capital at the beginning.

There is also the palm oil industry. The three of Hebizha and their father only invested 1.5 billion. If the family knew, it would be 15 billion.

Of course, they may not be able to come up with so much at that time, but at least they will have more than Hepcha and the others.

These are all missed.

Although they have only invested in the palm oil industry for a few months, their asset prices have been rising, which makes the three patriarchs really beat their chests.

Fortunately, they now have a stake in the Gupta Square Company. Although the price is high, it is worth it.

After all, not everyone can be qualified to invest in shares, even if they have money.

As for the palm oil industry in Malaysia, investment may not be possible for a while.

What is needed overseas is foreign exchange, which is US dollars, and people do not recognize the rupee.

Recently, the country has tightened its control over foreign exchange, and it is unrealistic for them to transfer large amounts of funds.

Now the three major clan leaders understand why the country has tightened foreign exchange controls. It is because the Sharma and other families followed Qiaogo to invest overseas a few days ago and transferred too much foreign exchange at once.

Since overseas operations are temporarily unavailable, so much of the funds in hand can only be kept domestically.

Of course they have to keep up with Qiaogo's next grain and oil market.

With such a large amount of funds in hand, this time the three major families don't want to be like Hebicha and others who have no funds and can only eat soup. They also want to eat meat.

The transfer of petrochemical projects of the three major families stimulated the Vasayan family, and their share transfer work was put on the agenda.

Their in-laws, the low-caste wealthy people who had just married, were very interested in this project.

The Vasayan family spent 15 billion on the license and 15 billion on the initial factory construction, so it was considered an investment of 30 billion.

However, when estimating the total price, it must not be based on 30 billion.

Not to mention anything else, the 15 billion in licenses alone is underestimated.

It was possible to get it at such a low price at that time because the identity of the Vasayan family played a role.

This time, the example of Dutta and other three major families transferring projects is a good reference for project price valuation, so everyone calculates the license as 22.8 billion.

After calculating other expenses, the final total price is calculated based on 40 billion.

The Vasayan family originally held 80% of the shares, but this time they were very bold. They only retained 51% of the shares and transferred the other 29% for 12 billion.

Next, more than 10 billion will be needed to build the factory. It stands to reason that the Vasayan family holds 51% of the shares, so they will have to invest more than 5 billion in construction.

However, the Vasayan family borrowed this money from these relatives.

If it were done before, the in-laws would definitely not be willing to borrow money again.

This time there was a share transfer, and they agreed to it, which was actually a condition for the share transfer.

That is the funds needed for the subsequent construction of the factory. The Vasayan family will borrow as much as they need.

As a result, the Vasayan family has 15 billion in funds in hand due to various squeezes.